Suburb Profile Report for Russell Island QLD (4184)

Russell Island House: Median price $187,000, Annual capital growth 2.34%, Number of sales 143, Weekly median advertised rent $245

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Russell Island, 4184 have given investors a capital gain of 10.65%. This compares very favourably with the 2.11% for QLD as a whole.

Over the longer term, Russell Island has seen property prices show investors a -1.58% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Russell Island are currently offering property investors an average price cut of -15.33% below the asking price at the moment.

Russell Island is 35th on a list of best yielding suburbs for rents in QLD with a 6.81% return

HOUSE UNIT
$187,000 N/A
1.08% N/A
10.65% N/A
2.34% N/A
$245 N/A
143 N/A
6.81% N/A
155.19 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2473
Median household income ($/weekly) 587
Median age of persons 51
Median housing loan repayment ($/monthly) 1083
Average household size 2
  • Census Count Percent(%)
    5-14 years 243 9.8
    35-44 years 291 11.8
    45-54 years 320 12.9
    55-64 years 546 22.1
    65-74 years 428 17.3
    Others 644 26.1
    Age Group
    Census Count Percent(%)
    Not Married 850 47.2
    Registered Married 751 41.7
    Defacto Relationship 198 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1701 76.3
    Papua New Guinea 151 6.8
    Philippines 24 1.1
    United Kingdom 166 7.4
    Other 66 3.0
    Others 121 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 2.1
    Christianity 1443 68.5
    Islam 9 0.4
    Other Religious Groups 28 1.3
    No Religion 574 27.2
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 168 17.3
    $400-$599 215 22.1
    $600-$799 170 17.5
    $800-$999 95 9.8
    $1,000-$1,249 70 7.2
    Others 253 26.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1172 62.6
    Employed, worked full-time 290 15.5
    Employed, worked part-time 235 12.5
    Unemployed, looking for work 132 7.0
    Employed, away from work 44 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 77 13.5
    Technicians & trades workers 95 16.6
    Clerical & administrative workers 69 12.1
    Sales 68 11.9
    Labourers 92 16.1
    Others 171 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 17 5.1
    Infants/Primary 135 40.7
    Secondary 103 31.0
    Technical or Further Educational Institution 36 10.8
    University or other Tertiary Institutions 25 7.5
    Others 16 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2181 99.5
    Caravan, cabin, houseboat 6 0.3
    Flat, unit or apartment 3 0.1
    House or flat attached to a shop, office 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 400 38.4
    Rented 362 34.7
    Being purchased 276 26.5
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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